Class A Medical Office
7971 Moorsbridge Road Portage, MI 49024
For Sale
$1,700,000
Constructed in 2009, this move-in-ready medical office building features high ceilings and premium interior fit-and-finish.
Property Size6,331 SF
Price / SF$268.52
Days on Market474
Property Features for 7971 Moorsbridge Road
General Information
- Standard status
- Active
- Size
- 6,331 SF
- Property subtype
- Office
Listing Agency:
Callander Commercial
(269) 271-5187
Listed By:
Matt Callander · License #6501303339
(269) 271-5187
Source:
Cpix.resimplifi
Added: Apr 7, 2025
Changed: Jul 23
Last Checked: Jul 23 at 12:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Callander Commercial
Investment Insights
Based on property information with market context.
This Class A+ medical office building was constructed in 2009 and is described as move-in ready with lightly used condition. The interior includes high ceilings and top-tier fit and finish.
The property is located on a hard corner adjacent to Moors Golf Course. It is positioned near US-131 Highway and is described as being near strong demographics and high household income.
As a professional medical office building, it is presented as suitable for physician group, health system, or private practitioner use, with flexibility also noted for professional office users such as law firm, wealth manager, and accounting.
The property is located on a hard corner adjacent to Moors Golf Course. It is positioned near US-131 Highway and is described as being near strong demographics and high household income.
As a professional medical office building, it is presented as suitable for physician group, health system, or private practitioner use, with flexibility also noted for professional office users such as law firm, wealth manager, and accounting.
Key Highlights
- Medical office building constructed in 2009
- Move‑in‑ready space with high ceilings and premium interior fit‑and‑finish
- Lightly used building suitable for a physician group, health system, or private practitioner
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.2k | $14.40 |
| − Vacancy | −$6.6k | −$1.04 |
| EGI | $84.6k | $13.36 |
| − OpEx | −$21.2k | −$3.34 |
| NOI | $63.5k | $10.02 |
6,331 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$906.5K
$793.2K – $1.06M
NOI $63,452 @ 7.0% cap · market cap 3.73%
Second Best
Healthcare Medical
$813.2K
$711.5K – $948.7K
NOI $56,922 @ 7.0% cap · market cap 3.35%
Theoretical Best
Warehouse
$1.66M
$1.45M – $1.93M
NOI $115,969 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Constructed in 2009, this move-in-ready medical office building features high ceilings and premium interior fit-and-finish.
Where is this medical office space located?
The property is located at 7971 Moorsbridge Road Portage, MI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Medical office building constructed in 2009; Move‑in‑ready space with high ceilings and premium interior fit‑and‑finish; Lightly used building suitable for a physician group, health system, or private practitioner
